Category: CEO
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Tesla CEO Elon Musk donates to Trump’s reelection bid
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Billionaire Elon Musk has donated to a giant political action committee working to elect Donald Trump to the White House, a major move by the world’s richest person to make his mark on the American political landscape. Musk has contributed to a low-profile group called America PAC, according to people…
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Ripple CEO Slams SEC! Will XRP Surge Post U.S. Elections?
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The crypto world has been filled with recent developments surrounding ripplethe fintech company behind the XRP cryptocurrency. At the center of the discussion is Ripple CEO Brad Garlinghouse, who has taken a bold stance in criticizing the U.S. Securities and Exchange Commission (SEC) and its chairman, SEC Chairman Gary Gensler.…
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Taiwan president thanks Micron CEO for his trust in Taiwan By Reuters
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(Change company identifiers in the first two paragraphs) TAIPEI (Reuters) – Taiwan President Lai Ching-te thanked Micron’s chief executive Sanjay Mehrotra on Friday for his trust and continued investment in the island, in a rare public meeting with a top foreign technology executive. It is highly unusual for Taiwan’s president…
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Crypto CEO Predicts Bitcoin Market Trends For The Mid-Term Using Miner Capitulation
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Miners are an integral part of the Bitcoin network, and since new supply comes through them, it can be important to track what miners are doing with their coins in an attempt to predict where the market might go in the future. Given this, Ki Young Joo, founder of analytics…
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Crypto CEO Predicts Bitcoin Market Trends For The Mid-Term Using Miner Capitulation
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Miners are an integral part of the Bitcoin network, and since new supply comes through them, it can be important to track what miners are doing with their coins in an attempt to predict where the market might go in the future. Given this, Ki Young Joo, founder of analytics…
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DBS CEO: Trump likes to ‘cut deals,’ may be helpful with China
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Right now, American voters face a choice between President Joe Biden and former President Donald Trump in November’s presidential election. Business leaders around the world—including in Southeast Asia, which is trying to balance its relations with the United States and China—are plotting what either outcome might mean. The overall view…
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Revolut CEO to sell part of stake in $500 million share sale, Sky News reports By Reuters
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(Reuters) – Nikolai Storonsky, chief executive of British fintech firm Revolut, will sell part of his multibillion-dollar stake in the company as part of a $500 million share sale, Sky News reported on Sunday. The Financial Times reported last month that the digital finance app is working with bankers to…
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Finance CEO Raoul Pal Says Crypto Will Reach $100 Trillion Market Cap
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Raul Balco-founder and CEO of Real Vision Group, expects that Global Cryptocurrency Market The stock market will reach a market cap of $100 trillion. The financial expert maintained his strong bullish stance on the future of the industry, outlining several reasons why he believes the market will jump 44 times…
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Former ASML CEO says US-China chip fight will continue By Reuters
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AMSTERDAM (Reuters) – The recently retired chief executive of semiconductor equipment maker ASML said in an interview with Dutch broadcaster BNR on Saturday that the dispute between the United States and China over computer chips is ideological, not based on facts and is set to continue. Wennink left his post…
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Lufthansa to consider raising stake in ITA to 90%, CEO says By Reuters
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ROME (Reuters) – German airline Lufthansa will consider increasing its stake in Italian airline ITA to 90 percent from early next year, its chief executive said in an interview published on Thursday. Carsten Spohr was speaking after his company received EU antitrust approval to buy 41% of state-owned ITA for…
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Hapag-Lloyd CEO sees solid shipping demand driving up freight rates By Reuters
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FRANKFURT (Reuters) – Strong demand for container shipping has pushed freight rates higher in the past two months, Hapag-Lloyd Chief Executive Rolf Habben Jansen said on a call with reporters on Wednesday. He said attacks on ships by Yemen-based Houthi militants had prompted shipping companies to avoid the Red Sea,…
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Seb Robert, CEO & Founder of Gophr
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In this exclusive Q&A with Seb Robert, founder of Gophr, Business Matters explores the journey behind the innovative courier service that has redefined same-day delivery. Seb shares how the early days of smartphone apps like Hailo and his frustration with unreliable delivery companies inspired him to create a solution that…
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Spirit Aero chief in spotlight as Boeing searches for new CEO By Reuters
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Written by Rajesh Kumar Singh CHICAGO (Reuters) – Boeing Co’s long-awaited announcement that it will buy back its troubled supplier Spirit Aerosystems Inc has now turned investors’ focus to the planemaker’s search for a new chief executive. Boeing is looking for a new chief executive after Dave Calhoun said in…
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GE extends CEO Larry Culp’s contract through at least 2027
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General Electric has agreed to extend CEO Larry Culp’s leadership of the aircraft maker through at least 2027, removing him from the list of potential candidates to become Boeing’s next CEO. General Electric said in a securities filing Monday that Culp could remain at the helm of the company through…
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UK Planning Laws Hinder Investment, Warns Eli Lilly CEO
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The head of the world’s largest drugs company has criticised the UK’s planning system, claiming it stifles investment. Dave Ricks, chief executive of Eli Lilly, a maker of obesity drugs, said current planning processes in the UK were a major barrier to building factories quickly, unlike in the US and…
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Shikun & Binui CEO quits, moves to buy control
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In a dramatic development in the Israeli infrastructure and real estate company Shikon and Benoy (TASE: SKBN) CEO Tamer Cohen resigned after being forced to do so by controlling shareholder Nati Sedoff. The company’s board is now meeting to discuss the matter. Cohen plans to form a consortium of investors…
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Nestle sees stable sales growth from Q2, CEO tells paper By Reuters
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FRANKFURT (Reuters) – Swiss food giant Nestle is targeting stable sales volume growth from the second quarter through the rest of the year as cost inflation eases, its chief executive told the Swiss weekend newspaper Schweiz am Wochenende on Saturday. “From the second quarter and the rest of the year,…
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Walgreens CEO calls consumers ‘increasingly selective and price-sensitive’ as retailer cuts profit outlook
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Walgreens’ (WBA) quarterly results are the latest sign that U.S. consumers are under increasing pressure. Shares of Walgreens Boots Alliance fell 24% on Thursday after the retail pharmacy chain cut its full-year guidance due to challenging pharmacy industry trends and a “worse-than-expected” consumer environment, with management citing a “sustained decline”…
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Play Games, Win Bitcoin With THNDR Games CEO Desiree Dickerson
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Company Name: Thunder games Founder: Desiree Dickerson, Jack Everett, Greg Flor, and Rafal Gawel Date of Establishment: Originally founded in 2019 | Relaunched in 2021 Headquarters location: London, UK with remote team members The amount of Bitcoin held in the vault: “Not enough,” Dickerson said jokingly. Number of Employees: 6…
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PropNex CEO ‘very excited’ about 2025 Singapore real estate market
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Singapore’s housing market, which was hot just a few years ago, is cooling down. Private sector real estate prices Hop it 6.8% in 2023, slower than the 8.6% recorded in the previous year. Resale prices for the city’s world-class public housing are also moderate, Just jump 4.8% in 2023, compared…